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Tag: Xero

Why Hiring a Bookkeeper is an Investment, Not a Cost

As a small business owner, you’re probably keeping a close eye on every cent you spend. You need to have a good eye on your income and expenses to manage your cashflow, so that’s a good thing. However, it might mean that you are wasting time micro-managing your finances and

How To Reconcile the COVID-19 Wage Subsidy

The process to apply for the Covid-19 Wage Subsidy is pretty straight-forward and the turn around in payment has been very quick. We initially fielded hundreds of queries about the application process and having dealt with these are now receiving queries about how to reconcile the payments. If you use

The Top 10 Things You Can Outsource in Your Business

Want to reduce some of your business admin burden but not sure where to start? Here is our list of the Top 10 things we think you can outsource to get started. 1. Outsource Your Payroll Nothing makes your staff angrier than not being paid properly. Payroll is a lot

Why You Should Outsource Your Bookkeeping

A business is only successful when it has the best people, processes and data. Without accurate, reliable data, a business has no solid base on which to make any informed decisions regarding sales, marketing or people. This is why making a decision to outsource your bookkeeping can be a beneficial

New Year, New Accountant?

The New Year is a time for setting goals and targets for the months head. Its also the best time to make sure you have the best people on your team to help you achieve those goals and targets. That makes it a great time to look for a new

Direct Debit Makes Payments A Breeze

MBP’s preferred payment method for monthly package subscriptions is by direct debit. With our recent move to GoCardless, this process is now easier than ever before. If you are on a subscription based service plan, you will likely receive an email notifying you of any changes to your payment process.